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Using the following year-end information for Bauman, LLC, calculate the current ratio and acid-test ratio: $42,770 Cash Short-term investments 9,600 Accounts receivable 41,500 Inventory 243,000
Using the following year-end information for Bauman, LLC, calculate the current ratio and acid-test ratio: $42,770 Cash Short-term investments 9,600 Accounts receivable 41,500 Inventory 243,000 Prepaid expenses Accounts payable 15,630 89,300 Other current payables 23,200 Multiple Choice 1.20 and 3.13. 3.13 and 0.83. 3.13 and 0.32. 0.97 and 3.95
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